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Strategic investment, smart technology and collaboration hold the key to achieving sustainability and value goals in real estate, according to Colliers new report. Realising ESG Performance: The value-driven transformation of Europe’s built environment offers insights to how the real estate industry can embrace sustainability and regulatory compliance while creating long-term value.
It examines the impact of Europe’s evolving regulatory landscape, highlighting the Corporate Sustainability Reporting Directive (CSRD) and the EU’s directive on energy performance as key drivers of change in the real estate sector. With the use of best practice case studies, it also addresses the rising importance of smart technologies and active management, as well as the challenges and opportunities in retrofitting existing assets.
Damian Harrington, Head of Research, Global Capital Markets & EMEA commented: “The ESG landscape is evolving rapidly, and our research shows that investors are increasingly viewing sustainability as critical to the long-term value of their assets. As regulations tighten, real estate players need to embrace the shift towards more sustainable buildings to stay competitive.
“Whether it’s introducing renewable energy or adopting new technologies for measuring building performance, the goal needs to be adding tangible value to real estate portfolios, enhancing asset liquidity, and meeting stakeholder expectations.”
Adoption of smart technologies will be at the heart of this transformation, providing the data-driven insights required to meet regulatory and market demands, and improve sustainability performance in real-time.
“Technology is the key to unlocking the potential of ESG in real estate,” said Andy Mercer, Head of ESG at Colliers EMEA. “Smart building systems, renewable energy installations, and data collection tools are indispensable for optimising resource use and meeting ambitious sustainability targets. These strategic investments can drive significant sustainability outcomes.”
However, the report highlights that this will often be an agile and iterative process, progressed gradually through incremental steps and the collaboration of property owners, tenants and service providers.
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